Activision Blizzard (NASDAQ:ATVI) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.31 on revenue of $1.26B. Analysts polled by anticipated EPS of $0.24 on revenue of $1.23B. That compared to EPS of $0.38 on revenue of $1.38B in the same period a year earlier. The company had reported EPS of $1.29 on revenue of $2.84B in the previous quarter.
Activision Blizzard follows other major Technology sector earnings this month
On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Apple earnings Beat analysts' expectations on Tuesday, with second quarter EPS of $2.46 on revenue of $58.02B. analysts expected EPS of $2.37 on revenue of $57.58B
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